Azerbaijan spent nearly $100M on 2024 F1 Grand Prix

Overall, 168 million manats (over $98.8 million) were spent on hosting the 2024 Formula 1 Azerbaijan Grand Prix in Baku, according to the bill "On the implementation of the state budget for 2024", according to SİA.

As indicated in the document, a total of 195.9 million manats (over $115.2 million) were used from the state budget last year for international, national-level level and other events of this kind.

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